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AIG news from FierceFinance
NewsGoldman Sachs' hedges on AIG exposure debated
Is it an end to one Goldman Sachs conspiracy theory? Some have suggested the reason government officials bailed out AIG (NYSE: AIG) was to help exposed investment banks, notably Goldman Sachs (NYSE:... Read more...
Goldman Sachs reveals counterparties in AIG mess
Goldman Sachs (NYSE: GS) benefited greatly when the government decided to bailout AIG (NYSE: AIG), as it was paid in full on the collateral that AIG owned for various CDSs. Goldman Sachs has also... Read more...
Latest Feinberg report raps Citigroup, other banks
We knew it was coming, and now it has arrived. Kenneth Feinberg's parting shot as pay czar--he is about to assume his duties as BP claims czar--is a doozy. The New York Times reports that he will... Read more...
Can a Goldman Sachs short position push securities down?
Should you quake in fear if you find out you own some securities that Goldman Sachs (GS) is shorting? It's an interesting question. There are many who would assign a lot of significance to a large... Read more...
Goldman Sachs treated too well by regulators in AIG mess?
When hearings loom, press leaks are common. And that has kept the Goldman Sachs-AIG controversy in the headlines. Following a review of reams of documents, the New York Times suggests that bank... Read more...
Goldman Sachs board mum on director's conflicts
Stephen Friedman, a Goldman director, bought 37,300 shares at an average of $80.78 each on Dec. 17, 2008. Five weeks later, he picked up 15,300 more at an average $66.61. The stock has soared since... Read more...
More criminal indictments dismissed these days
Indictments always generate news. Targets turn themselves in. Sometimes they endure the perp walk. All of this is designed to weaken the accused. It often works. No doubt some of these people are... Read more...
Wall Street sound bites which will live in infamy
E-discovery has caused Wall Street firms a great deal of humiliation as of late. Financial services execs should be aware that anything they say or write can come back to haunt them--resulting in a... Read more...
Feinberg to decide whether to ask for firms to clawback billions
Kenneth Feinberg (Kenneth Feinberg news) has a big decision on his hands. He has been looking deeper into pay practices involving bonuses given out in 2008, reports FOX Business. And he has... Read more...
Likelihood of criminal prosecutions on decline?
Should we expect perp walks of big-name Wall Street executives any time soon? Not according to CNNMoney, which says the chances of a major criminal prosecution of a big-name executive seems to be... Read more...
| Press ReleasesBestWeek: US Life Industry’s New Business Issued Fell in 2009 in Four of Five SegmentsOLDWICK, N.J.--(BUSINESS WIRE)-- New business issued (insured amounts) by the United States life insurance industry fell in all categories in 2009 from 2008 except for group life, which rose 7.6%, Read more >> Pelosi: 'By Voting Yes, We Will Pass the Toughest Set of Wall Street Reform in Generations'WASHINGTON, June 30 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi spoke on the House floor in support of the conference report of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Read more >> Prudential AGM 2010 - Chairman and Group CEO Video InterviewsLONDON, June 7, 2010 /PRNewswire-FirstCall/ -- In interviews broadcast on financial broadcaster http://www.cantos.com, the Prudential's top team outline the detail around the bid for AIA, trading in Read more >> Fitch Revises Rating Watch on AIA to Evolving Following Likely Termination of Sale to Pru plcCHICAGO--(BUSINESS WIRE)-- Fitch Ratings has revised the Rating Watch status on the 'A+' Insurer Financial Strength (IFS) rating of American International Assurance Company (Bermuda) Limited Bermuda Read more >> AIG Names Henri Courpron ILFC President and Chief Executive OfficerNEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (AIG) and International Lease Finance Corporation (ILFC) announced today that aviation industry veteran Henri Courpron has joined ILFC Read more >> |



